Chubb reported net income for Q4 of $2.58 billion, or $6.33 per share, and core operating income of $2.45 billion, or $6.02 per share; full-year net income was $9.27 billion, or $22.70 per share.

1. 01

   Chubb reported net income for Q4 of $2.58 billion, or $6.33 per share, and core operating income of $2.45 billion, or $6.02 per share; full-year net income was $9.27 billion, or $22.70 per share.

2. 02

   The company said that excluding the prior-year deferred tax benefit related to Bermuda income tax law of $1.14 billion, net income and core operating income for Q4 increased 18.9% and 7.7%, respectively, and for the full year increased 16.8% and 11.5%, respectively.

3. 03

   Chubb said P&C underwriting income for Q4 was $1.58 billion with a combined ratio of 85.7%, and full-year P&C underwriting income was $5.85 billion with a combined ratio of 86.6%.

4. 04

   The company said its current estimate of the cost of supporting customers and helping them recover and rebuild from the California wildfire disaster is $1.5 billion net pre-tax and is a Q1 2025 event.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the opening part of the filing body and confirmed exhibits, within a length limit. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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